Retention
-
Study Touts the Benefits of Internal Social Networking Sites
A recent study conducted by Baylor University found that developing an internal social networking site could help a company acclimate its new hires into the corporate culture, improve employees' morale and reduce turnover rates.
-
Average Salary for Technology Professional Rises 5.3 Percent: Survey
The average salary for technology professionals rose 5.3 percent in 2012—the largest increase in a decade, according to a Dice Holdings Inc. salary survey.
-
Catalysts of Creative Destruction
Despite the hype about private equity and job loss, they have little net effect on employment levels.
-
Private Equity Turns and Burns … Its Past
While horror stories exist, in some cases private equity takeovers can lead to healthy updates to management methods and practices.
-
Kinder and Gentler: The New Path to Reducing Employee Turnover
Auto dealers are moving toward a more flexible, more enjoyable, less rule-restricted workplace—in hopes of keeping staffs content and motivated enough to stay on the job.
-
Report: People Management Propels Profits
A technology firm and a supermarket chain are among companies that validate a recent report that found that proper management techniques push companies from good to great.
-
The Motherhood Penalty
Why women with kids are having a harder time finding work.
-
Woodbury Reps Set to Cash In: Recruiters
Giving reps stay bonuses while a broker-dealer was on the block was considered highly unusual at the time but also a smart way to keep brokers from leaving before a sale was announced.
-
Companies Can Name Their Stars but Struggle to Retain Them
Just 76 percent of organizations surveyed say they are successful at retaining star talent yet stubbornly high unemployment has lulled companies into believing they no longer need to be aggressive in recruiting and retention, according to a Sibson study.
-
Survey: Health Care Workers' Confidence Drops
A survey found that 43 percent of healthcare workers believe the economy is weakening, up from 27 percent who said the same in the first-quarter survey.
-
Joplin, Missouri, One Year Later: Lessons Learned after a Tornado
The journey from ruin to rebirth involves lessons in taking care of employees, operating a store amid chaos and excelling at customer service despite having no nice building to work in.
-
Workers' Compensation Rates for Employers Likely to Increase
In general, the 'cream of the crop' among guarantee-cost accounts are experiencing price increases ranging from about 5 percent to 7 percent, with some 10 percent increases, particularly in the Midwest.
-
Most Employers Plan to Continue Offering Health Care Coverage
Just over 9 percent cited retention of tax advantages as a reason for keeping coverage and just over 7 percent said a top reason for keeping coverage was to avoid tax penalties.
-
Employee Bonuses Driven By Customer Loyalty at General Motors
For 2012, salaried workers in North America will get a year-end bonus if GM hits an internal customer-retention goal. But it is inside GM's 650-person field sales division that the customer-centric pay structure probably reflects the most striking departure from GM's past.
-
The Golden Egg of Incentive Pay Policies Is an Elusive Bird
Even with the best-designed programs, companies face challenges in making incentive and merit-pay programs effective in today's economy.
-
Well-Trained Managers Can Curb Attrition
It may not always be a straight-line connection, but managers exert great influence on whether top performers stay or go.
-
Getting to the Heart of Retention
It's logical to conclude that poor managers are at the heart of the problem, says Richard Finnegan, co-founder of the Retention Institute and author of Rethinking Retention in Good Times and Bad.
-
EEOC Issues Final Rule on Genetic Information Nondiscrimination Act Records
GINA, which was signed into law by President George W. Bush in May 2008, protects job applicants, current and former employees, labor union members and apprentices and trainees from discrimination based on their genetic information.
-
Prepaid Gift Cards Offer the Benefit of Found Money
To reward their workers, nearly half of HR executives are using prepaid gift or credit cards as part of incentive programs and wellness initiatives.
-
For Young Entrepreneurs, It's All Work, All Play—and It's All Good
Developing ideas is a 24/7 hobby for them, which might explain why they enjoy one another's company so much.
-
Availability, Pricing of Coverage Main Concerns for Insurance Buyers: Survey
The issue is particularly challenging for buyers with large natural catastrophe and supply chain exposures, according to the survey of the 25 member firms of the Independents, an international coalition of privately owned insurance brokers and risk management services firms.
-
Majority of Workers to Be Independent By 2020
Independent workers include those on fixed-term contracts, independent consultants, those working through temporary agencies, workers on an on-call arrangement and those who own a business with less than five employees.
-
Preventing Employee Burnout: Customized Solutions
Employers are demanding more while employees are engaging less, but there is one way to keep your best workers from checking out completely—recognizing who they are and rewarding them accordingly
-
EAPs: First Responders in a ‘Work-More Economy’
Employee assistance providers say they continue to see a continued spike in employee calls for help in coping with added work pressures.
-
Worker ‘Gas Tanks’ Close to Empty
Scholars say employees have a reservoir of physical and psychological resources for fueling their work contributions—and those tanks are running low.
-
Companies Pushing Workers Over the Limit
Like Charlie Chaplin's character in the comedy Modern Times about an assembly-line worker who loses it after tightening one bolt too many, HR consultant Art Quinn says that when employees are pushed to their limits, the workplace can be a dehumanizing place.
-
Perhaps Your Workers Are Entitled to New Titles
A promotion can do a lot to make up for the longer hours and extra duties that many workers have wrestled with in the past couple of years. But firms often fail to see where employees who are learning on the job might fit into new roles.
-
Democracy at Work: 5 Questions With Traci Fenton, Founder and CEO of WorldBlu
Many people like to keep politics out of the workplace. But to Traci Fenton, what workplaces badly need is the infusion of a political idea: democracy.
-
Wealth After an IPO Can Cause Employees to Go
On an individual level, employees who have suddenly gone from Joe Blow to King Midas may have serious problems coping with the change. Experts call it ‘sudden wealth syndrome.'
-
High-Profile C-Suite Moves Shines Light on Succession Planning Strategies
In the wake of shifts at the top for Apple, IBM and Hewlett-Packard, heirs in the pipeline can mean a stable transition both financially and in the workplace.
-
Employers Adding Value to Good Employee Health
Most early-adapting companies are in the first of three phases to a value-based approach to health care, which involves reducing or eliminating costs around specific medical conditions that have, or may in the future have a negative effect on an employer's health insurance costs.
-
Effective Talent Assessment Starts (and Ends) With Leadership
A bad hiring decision can cost a company more than 1.5 times the mis-hire's salary, depending on the level of the role. With the right assessment, businesses can avoid this cost.
-
Employees Breathing Easier in Green Buildings
In March 2010, the Highlandtown Healthy Living Center moved from an old building with mold issues and poor indoor air quality to one receiving the U.S. Green Building Council's top rating. Since then, worker health and productivity have climbed.
-
Aon's Premier Partnership Kicks Up Camaraderie
Employees from acquired companies find ways to unite with one another through their affiliation with the English soccer club. The partnership added a new dimension in October with ‘Pass It On,' an employment and client engagement initiative.
-
Heightened Awareness of Benefits Plays Pivotal Role in Employee Experience
Employers spend a great deal of time and money trying to educate employees about their benefit options, but do employees most understand and use them effectively? Here are some of the do's and don'ts of benefits communications.
-
Hewlett-Packard's Sales Job
In 2010, Hewlett-Packard Co. launched HP Sales University on its campus in Plano, Texas, far from its Silicon Valley headquarters. The purpose: develop core business skills and collaboration among its top salespeople.
-
Nonqualified Plans a Key to Recruiting, Retaining Senior Employees
Amid a volatile market, nonqualified plans continue to be a key element of many companies' overall retirement savings program, and are common among large companies.
-
ADP Bets Big on HR Software by Adding Suite of Services
The traditional back-office service provider joins the likes of Oracle, SAP and SuccessFactors in a crowded HR management software field with the unveiling of Vantage HCM.
-
No Perfect Fit
Outfitting workers with well-suited age, ethnic benefits requires tailoring.
-
UAW-GM Contract to Create or Retain 6,400 Jobs
General Motors has agreed to retain or create 6,400 jobs as part of $2.5 billion in planned product and plant investments under a new labor accord with the UAW.
-
Where to Draw the Line on Revealing Who's Next in Line
Retention is the main advantage of telling potential successors they're on the fast track.
-
Out of Site: Remote Possibilities
More employers are benefiting from a mobile workforce through improved productivity, increased employee satisfaction and reduced costs, but they also face new management challenges.
-
Top Performers Look for a Little Love Outside of Pay
Rewarding employees goes beyond pay and benefits, especially in a tight economy where pay raises are still averaging 3 percent.
-
Pay 'Philosophy' Could Prompt Workers to Stay
'Organizations should focus on communicating how their philosophies were developed and continuously benchmark their scores on pay satisfaction to remain competitive,' says Ashley Nuese, director of marketing and sales services at Chicago-based HR Solutions.
-
Young Workers Craving Defined Benefit Plans
At a time when defined benefit or pension plans are growing scarcer, they have become a more potent recruiting and retention tool. Clearly, employees still value the security the retirement plans promise, based on the results of a recent Towers Watson & Co. survey.
-
Coca-Cola Division Refreshes Its Talent With Diversity Push on Campus
Hired during the spring of their senior year, Coca-Cola Refreshments' new hires, who are known as 'leadership associates,' can specialize in human resources, business, sales, supply chain, or finance.
-
Significant Attention Paid to Significant Others in Need
Bon Secours Virginia Health System has found that permitting employees to modify their schedules reduces their anxiety and stress.
-
Firms Tally the Value in Values-Based Recruiting
The philosophy of corporate culture as a source of competitive advantage—along with a defined mission and adherence to values—has existed for several decades. Yet many companies have struggled to implement these concepts and create mission statements or value propositions to just hang on a wall.
-
Some Employers Are Thinking Outside the Benefits Box
At some companies, benefits sweeteners can extend beyond health and dental in an effort to better retain employees even after the job market improves. Some of the less-routine perks include pet insurance, elder care, free personal trainers and a $500 allowance toward a commuter bike purchase.
-
Washington Tapping Into Telework for More Flexibility
Based on the experience of some federal employees, telecommuting seems long overdue.
-
Email Dumpster Diving and LinkedIn Reviews Can Reveal Who's Leaving the Company
Don't hate me because I've got a plan. Hate me because I’m treating human capital like any other marketplace and making measured bets based on the best facts I can find, not on emotion.
-
The Last Word All Work and No Play ..
The notion of play in the workplace may sound zany, but it's really just one perspective in the long-standing debate over how to achieve balance in our lives.
-
Post-Recession Incentives Kudos vs. Cash
In the book Drive: The Surprising Truth About What Motivates Us , author Daniel H. Pink asserts that financial rewards motivate people only when tasks are routine.
-
5 Questions for Laurel Kennedy Equality in Caregiving
The author of The Daughter Trap takes a critical look atsociety’s reliance on adult daughters to provideelder care.
-
On Recognition, Multinationals Think Globally
Companies with operations scattered around the world believe centralized reward plans reach more people and their value can be assessed more easily. Multinationals also reap financial benefits from a global approach, says one executive.
-
New Potential in Reach for Succession Technology
Succession management software tools are approaching the 'holy grail' of matching the right people at the right time with the right job.
-
Caregivers Incur Higher Health Costs for Selves
A MetLife Mature Market Institute study estimates that U.S. employers pay 8 percent more per year in health care costs for employees who care for elders than for employees without those responsibilities. This could potentially cost U.S. employers $13.4 billion per year, according to the report.
-
Healthy Returns on Flex Work
A research group looks to determine whether workplace flexibility pays off in better employee health—and an improved bottom line.
-
Texas Group Launches Health Strategy Program
The participating employers will take part in a structured process to analyze and evaluate which value-based benefit design features best motivate their employees to make wise lifestyle and health care decisions.
-
A Case for Poaching
University researchers assert that resentment over 'lateral hiring' is not only unjustified, but is damaging to workers, the economy and the angered employers themselves.
